Report
Tony Sherlock
EUR 147.86 For Business Accounts Only

A diverse store network and high-quality value offering don't offset lack of competitive advantages.

In what was a fairly terrible fiscal 2016, Super Retail Group achieved EPS growth of 2.9% to AUD 0.551. Strong underlying performance in the core business lines of Automotive, Rebel Sport, Amart Sports and BCF were dragged down by an abysmal performance by Rays Outdoors, Workout World and Infinite Retail (online sports store). Super Retail bit the bullet to restructure the underperforming activities at a cost of AUD 63 million (AUD 20 million is a noncash impairment). Remedial action includes cl...
Underlying
Super Retail Group Limited

Super Retail Group's main activities are result in the following business segments: Auto, which include retailing of auto parts and accessories, tools and equipment; Leisure, which include retailing of boating, camping, outdoor equipment, fishing equipment and apparel; and Sports, which include retailing of sporting equipment, bicycles, bicycles accessories and apparel. Co.'s principal brands include Amart Sports for sports products such as equipment, apparel and associated accessories; BCF for an outdoor retailer; Rays for an outdoor entertainment and camping leisure retailer; Rebel for sporting and goods such as fitness equipment; and Supercheap Auto for automotive parts and accessories.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tony Sherlock

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